End of Service Benefits

As per Saudi Labor Law

INPUT:

Basic Salary Per month: SR 21,000.00

Transpo Allow Per month: SR 2,100.00 Put ZERO For No Transpo & Housing

Housing Allow Per Month: SR 5,250.00 (i.e. = Basic*3/12months)

Contract Start Date: Nov-03-2012

Select Contract End Date:
Jun-01-2018

Category:

OUTPUT:

Total Working Days

= 9 Years, 7 Months & 16 Days
or 9.627 Yrs.
Gross Salary (Basic + Transpo + Housing)
= SR 21000 + SR 2100 + SR 5250
= SR 28,350.00 per month

End of Service Benefits (ESB)

= 2/3 x (1/2 x Gross Salary x 5 yrs.) + 2/3 x (1 x Gross Salary x 4.627 yrs.)
= SR 47,250.00 + SR 87,450.30
= SR 134,700.30

This excel program is intended to help you in forecasting your End of Service Benefits.
Excluding: Payments for any Leave days (i.e.Accrued/Holidays), Indemnity &
other compensations. Please use this as a reference only.
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CASE 1: When Contract is Finished

0 – 5 years (Contract is finished): ½ month Salary for every year of service +

payment for any leave days that have accrued and have not been used.

5- 10 years (Contract is finished): ½ Month Salary for every year of first 5 years of
service then 1 month salary for the following years of service + payment for any leave
days that have accrued and have not been used.

10 years – above (Contract is finished): ½ Month Salary for every year of first 5
years of service then 1 month salary for the following years of service + payment for any
leave days that have accrued and have not been used.

CASE 2: Due to Resignation of Employees

Did not complete 2 years: Not entitled to end-of-service-benefits.

Before completing 5 years: 1/3 of the end-of-service benefits

Before completing 10 years: 2/3 of the end-of-service benefit

Completed 10 years: Full end-of-service benefits.